Tuesday, November 28, 2017

Buffalo Wild Wings to Be Acquired by Arby’s in Deal Worth About $2.44 Billion

Image result for buffalo wild wingsBuffalo Wild Wings Inc. said Tuesday it has agreed to be purchased by Arby’s Restaurant Group Inc., taking the restaurant chain private for $2.44 billion in cash.

Arby’s, which is controlled by Roark Capital Group Inc., will buy the Minneapolis-based restaurant chain for $157 a share. Including debt, the deal is worth about $2.9 billion.. . . more

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